6 bed Terraced House for sale

Springfield Road, St James, Exeter

Price

£625,000

Property Images |  Naomi J Ryan Estate Agents
Property Images |  Naomi J Ryan Estate Agents
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Sold STC

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Property Features

  • 6 Bedroom Student HMO
  • Let at £48,300 for the 25/26 Academic Year Over 46 weeks
  • Well Presented Throughout
  • 2 Shower Rooms
  • Modern Kitchen/Dining Room
  • Separate Living Room
  • Highly Sought After Road
  • Excellent Access to City Centre and University Campus
  • Viewing Highly Recommended

Property Summary

A superb six-bedroom HMO investment opportunity, currently generating a gross rental yield of 7.7%, let at £48,300 for the 25/26 academic year over 46 weeks (exclusive of bills). Currently being advertised for the 26/27 academic year at £53,460 (exclusive of bills). Located in this prime position on Springfield Road, the property is within walking distance of the City Centre, St Luke's and Streatham University Campus, and the Royal Devon and Exeter Hospital.

The property has been well-maintained by the existing owners and has accommodation comprising an entrance hall, living room, modern kitchen/dining room, six double bedrooms, two shower rooms, and an enclosed rear garden.

Early internal viewing is highly recommended.

Full Details

MATERIAL INFORMATION
Construction notes: Awaiting information.

Utilities: Awaiting information.

Broadband and Mobile Coverage: For an indication of specific speeds and supply or coverage in the area, we recommend checking with Ofcom by visiting their web site. https://checker.ofcom.org.uk

VIEWING ARRANGEMENTS
Strictly by appointment with Naomi J Ryan Estate Agents.

REFERRAL FEE DISCLOSURE
We recommend sellers and/or potential buyers use the services of The Mortgage Quarter. Should you decide to use the services of The Mortgage Quarter you should know that we would expect to receive a referral fee of £200 from them for recommending you to them. You are not under any obligation to use the services and can seek alternative providers of these services. Further information is available on our web site.

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Property Location

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Property details

Features at a glance

Springfield Road, St James, Exeter
Price £625,000
  • Type: Terraced House
  • Availability: Sold STC
  • Bedrooms: 6
  • Bathrooms: 2
  • Reception Rooms: 1
  • Tenure: Freehold

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